Wassons Classic Cars restores classic automobiles to showroom status. Budgeted data for the current year are as follows

Time Charges $237,300 Material Loading Charges Restorers' wages and fringe benefits Purchasing agent's salary and fringe benefits Administrative salaries and fringe benefits Other overhead costs Total budgeted costs 45,200 11,300 $293,800 $68,560 20,200 76,080 $164,840 The company anticipated that the restorers would work a total of 11,300 hours this year. Expected parts and materials were $1,268,000. In late January, the company experienced a fire in its facilities that destroyed most of the accounting records. The accountant remembers that the hourly labor rate was $69 and that the material loading charge was 84%. Determine the profit margin per hour on labor. (Round intermediate Please calculations to 2 decimal places, eg. 10.25 and final answer to decimal places, Help e.g. 10.) don't Profit margin on labor $ 43 per hour know Determine the profit margin on materials. (Round intermediate calculations to 2 why it's decimal places, e.g. 10.25% and final answer to 0 decimal places, e.g. 10%.) wrong Profit margin on materials 71 % * Your answer is incorrect. Determine the total price of labor and materials on a job that was completed after the fire that required 159 hours of labor and $56,600 in parts and materials. Total price $ $ $58,515